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Recently, the Governor of the Bank of Indonesia, Perry Warjiyo, publicly stated that they will continue to intervene in the foreign exchange market to stabilize the rupiah.
Inflation refers to the phenomenon where the purchasing power of a country's (or region's) currency decreases, leading to a general rise in the prices of goods and services. It is reflected in the fact that, over a certain period, the same amount of money can only buy fewer goods and services.
Recently, the Governor of the Bank of Indonesia, Perry Warjiyo, publicly stated that they will continue to intervene in the foreign exchange market to stabilize the rupiah.
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